Business news

Business

Google expert at antitrust trial says government underestimates competition for online ad dollars

Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces, an expert hired by Google testified ...

Business

'Broken' news industry faces uncertain future

From disinformation campaigns to soaring skepticism, plummeting trust and economic slumps, the global media landscape has been hit with blow after blow.

Business

Regulating artificial intelligence: From BRICS to beyond

Researchers from the Advancing Systems Analysis (ASA) program recently participated in a seminar inviting expert dialogue on the role of BRICS competition authorities in the fast-maturing era of artificial intelligence (AI) ...

Business

Hydrogen is touted as a climate solution, but can it be good business?

Hydrogen is often seen as a key element in the global energy transition, offering a cleaner alternative to fossil fuels—in particular for difficult-to-decarbonize sectors such as heavy-duty transportation and steel and ...

Business

Google CEO says antitrust trials could drag on for years

Alphabet Inc. Chief Executive Officer Sundar Pichai said it will take many years to resolve Google's antitrust battles, downplaying the idea that they pose an immediate threat to the company's business.

Business

Can cryptocurrencies ever be green?

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be ...

Business

Google files EU complaint over Microsoft cloud services

Google said Wednesday that it had filed a complaint against Microsoft at the European Commission, accusing its rival of "anticompetitive" licensing practices to force customers to use its cloud service.

Business

Cryptocurrency platform boss urges tighter regulation

The co-founder of one of the world's most popular cryptocurrencies called for tighter regulation of the sector to guard against the fraud and wild swings that have dogged it, in an interview with AFP.

Business

Princess Zelda takes the lead in 'Echoes of Wisdom'

Princess Zelda will shed her role as damsel in distress to play the heroine for the first time in the nearly four-decade history of the Nintendo fantasy series named after her.

Business

Boeing suspends 777X flight tests after part failure

Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of a part connecting the engine to the body of the aircraft, the latest in a long line of quality control issues for the troubled ...

Consumer & Gadgets

Aussie kids let down by streaming algorithms, research shows

Instead of channel surfing or browsing through a TV guide, Aussie kids today navigate complex streaming platforms and their algorithms to find shows, which is influencing their viewing habits, according to a new study of ...

Business

One year in, EU turning up heat in big tech fight

If 2024 already looks like an annus horribilis for big tech in the EU, the months ahead could prove a winter of discontent as the bloc wields a fortified new legal armory to bring online titans to heel.

Business

Best Buy taps AI for live delivery tracking

Best Buy customers can now get up-to-the-minute updates to find out when that big-screen television will be delivered or when a new fridge will arrive for installation thanks to AI technology.

Business

US to award chipmaker Texas Instruments up to $1.6 bn

The US government said Friday it has signed a preliminary agreement with semiconductor manufacturer Texas Instruments to give the company up to $1.6 billion to help fund new facilities in the country.

Business

US lawmakers press Meta over illicit drug ads

Members of Congress on Thursday called on Meta chief Mark Zuckerberg to give them details regarding ads for opiods and other illicit drugs on the tech titan's platform.